Taking everything into account, FAAR scores 5 out of 10 in our technical rating. FAAR has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
FAAR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 30.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for FAAR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
28.24
When analyzing the support we can see 2 important areas.
- A support zone ranging from 30.03 to 30.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @28.53 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 30.89 to 30.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FAAR is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for FAAR is down. |
| ChartMill Relative Strength | 62.98 | NEUTRAL | FAAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FAAR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.94 | NEUTRAL | The RSI value for FAAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests FAAR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.11 | NEUTRAL | The Stochastics value for FAAR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.32 | LOW VOLATILITY | The low ATR as a percentage value for FAAR suggests low volalility. |
| Average Directional Index/ADX (14) | 32.32 | POSITIVE | The high ADX value value for FAAR suggests a strong trend. |
NASDAQ:FAAR (11/28/2025, 12:40:01 PM)
30.41
+0.24 (+0.8%)
FIRST TRUST ALT ABS RET ETF / FAAR FAQ
Can you provide the ChartMill technical rating for FIRST TRUST ALT ABS RET ETF?
ChartMill assigns a technical rating of 5 / 10 to FAAR.
What is the current trend direction of FIRST TRUST ALT ABS RET ETF (FAAR) stock?
The current trend direction for FIRST TRUST ALT ABS RET ETF (FAAR) is Bullish.
What is the RSI signal for FAAR stock?
FIRST TRUST ALT ABS RET ETF (FAAR) has an RSI value of 47.9435. This indicates that the stock is currently neutral.
What is the MACD signal for FAAR stock?
The MACD indicator for FIRST TRUST ALT ABS RET ETF (FAAR) has a value of -0.050224, indicating a bearish trend.
Can you provide the short term momentum for FIRST TRUST ALT ABS RET ETF?
The short term momentum for FIRST TRUST ALT ABS RET ETF (FAAR) is negative.